National Insurance rise is ‘daylight robbery’ says Sir John Redwood
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Older Britons who have reached state pension age say the increase, which they will be expected to pay this time, will leave them struggling to survive. Many are already finding it difficult to pay their energy bills and put food on the table.
The Government says the increase is necessary in order to raise £12billion to fund social care and the NHS.
Pensioners have been taking to Express.co.uk to vent their anger that they can’t even access the services that NI is supposed to pay for.
One reader @Cas1919 wrote: “Considering I’ve paid into the NI all my life, I’m now unable to see a doctor unless it’s on Zoom.
“It’s physically impossible to diagnose some ailments even if I had Zoom.
“The only time the surgery contacts me is for more vaccinations, otherwise they’re fully booked with staff ‘working from home,’ what’s the point in me paying into a system that I can’t access before I die in the correct manner?”
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Another reader @WR2 took to Express.co.uk and wrote:: “Average salary of £30,000 – lots of us in Wales are on less than that.
“He has effectively cut pensioners’ income.
“We have to pay for care home costs.
“Fuel costs are also eating into our pension.”
Once the NI increase comes into force, the average worker earning £30,000 will pay an extra £255 a year in taxes.
However, Britons earning £9,564 or less a year won’t have to pay the levy.
Anyone aged 16 or over must pay NI if they are working and earning above this threshold.
Some will lose more than others – research carried out by Income Tax UK found that those earning an average salary of £30,000, will lose nine percent of their salary.
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How much will National Insurance rise from April 2022?
- National Insurance will rise 1.25 percentage points from April.
- The new rate of 13.25 percent will apply to both employed and self employed workers.
- An employee earning £20,000 a year will have to fork out an extra £130.
- Anyone on a £50,000 salary will have to find an additional £505.
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